All articles by Richard Irvine-Brown
Richard Irvine-Brown
October continues spectacular year FLA
The 12-month rolling penetration rate of finance sold on the forecourt to customers hit 70.2% in October, up from 69.3% in September and marked the 19th successive month of month-on-month growth, according to the Finance & Leasing Association.
HPI confirms Met Crushwatch participation
The Metropolitan Police, Londons largest police service, has been confirmed as the latest UK police force to sign up to HPI Crushwatch following three months of successful work with the scheme.
Private new sales best year since 2008 – SMMT
New car registrations were up 11.31% on last year to 149,191 units for November, confirming the UK market as the second largest in the EU, according to figures from the Society of Motor Manufacturers and Traders.
RAC insurance for Santander dealers
A range of RAC-branded added value products is to be made available to Santander Consumer Finance dealers, following a successful trial period.
P2P lender growth, car loans half of book
Close behind results from Zopa, RateSetter, another emerging leader in the online peer-to-peer market has reported a record month for loans in October.
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Vertu now largest UK Honda network
Dealer group Vertu Motors has acquired Honda sites in Newcastle, Sunderland and Durham from Springfield Cars Ltd.
iVendi launches credit pre-qualifier for dealers
Dealer technology supplier iVendi has launched an integrated credit checker for dealer websites which allows retailers to pre-qualify a customer.
Honda and CAP launch online valuation tool
Used car valuation service CAP and Japanese motor brand Honda have launched a web-based tool to calculate second-hand car values, available through the Honda website.
The world keeps rolling
With the Society of Motor Manufacturers revising its UK new car registrations forecast for 2012 upward to two million units and the Finance & Leasing Association posting a new record for dealer penetration, Richard Brown surveys the third-quarter results and fourth-quarter plans for some of the globes biggest manufacturer finance operations.
Cooke and WCG challenging Q3 review
The latest quarterly analysis of the automotive market by captive software specialists White Clarke Group and Professor Peter Cooke has warned of reduced cash flows and challenged profits